The European Blue Economy Report is the main annual publication produced by the European Commission (DG Maritime Affairs). This report provides a comprehensive analysis of the blue economy, encompassing various economic activities associated with the ocean, seas, and coasts.

The 2023 edition presents a positive view of the sector despite the challenges from the Covid-19 pandemic and the Russian invasion of Ukraine.
Most of the blue economy sectors have grown in the last year, in particular coastal tourism, ship and boat building and offshore renewable energy. This year’s report not only highlights the growth and resilience of the European blue economy but also includes a section dedicated to Climate Change and Coastal Impact, analysing the possible impact climate change can have on coastal zones (here).

The conclusion of the report is that the blue economy has proven its resilience and that it is a critical sector within European economy. Nonetheless continued investments, innovation and collaboration remain crucial for the sustainable growth and development of the sector.

You can read more and access the Blue Economy Report 2023 here.